1,000 homeowners to apply for pyrite redress scheme
Environment Minister Phil Hogan said an initial €10m has been set aside to start the scheme, with additional funding allocated over the next two years.
Pyrite, or iron pyrite, is a mineral also known as fool’s gold. Where present in building materials — such as backfill used under floors — the mineral can swell over time causing buckling in concrete floor slabs, difference in flooring levels, cracking in internal walls, and sometimes movement in outside walls.